Huldra Silver Inc.
TSX VENTURE : HDA

Huldra Silver Inc.

October 03, 2011 09:00 ET

Huldra Silver Is Pleased to Announce That the 200 Tonne Per Day Mill Is Being Shipped

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company" or "Huldra") today announces that the shipment of the 200 tonne per day grinding and floatation mill began on September 30, 2011 from Zhengzhou, China.

The mill inspection in China has been progressing for approximately two weeks with all work substantially completed. Some electrical components are still going through Canadian Standards Association (CSA) approval but should be completed by the end of the week. The assembly of the mill will commence at the Company's Merritt, BC mill site in November. Civil and foundation work will be completed prior to the arrival of the mill in British Columbia.

Ryan Sharp, the Company's President and CEO, states, "We are extremely happy with the work done by Dave Archibald and Canadian Royal Mining Corp., and their partners at Zhengzhou Zhongding Heavy Duty Machine Manufacturing Co. Ltd. We put together a very aggressive schedule and they were able to deliver. This is a major milestone for the Company as we progress towards production."

The Company continues to transfer stockpiled material from the Treasure Mountain Property to its mill site in Merritt, BC at the rate of approximately 400 tonnes per day.

Photographs of the mill can be viewed on the company website at www.huldrasilver.com/about-huldra-silver/photo-gallery/.

About Huldra

Huldra is currently working on plans to put its Treasure Mountain Project, located 3 hours east of Vancouver, BC, into development, subject to permitting and financing. The Company is also actively assessing other opportunities for acquisition and development.

On behalf of the Board of Directors

Ryan Sharp, MBA, President, CEO & Director

Disclaimer for Forward-Looking Information

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events related to the timing of delivery and assembly of the Company's mill and its plans to put the Treasure Mountain Property into production. Such forward-looking information can include statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as the ability of the mill constructor to ship the mill on the expected schedule, the ability of the Company to assemble the mill on the planned schedule, current economic conditions and the state of mineral exploration and mineral prices in general. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. The Company can offer no assurance that its exploration and development plans will be completed in the time expected or at all. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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